Rocket hits site of foreign oil firms in Iraq’s Basra, three hurt

BASRA, Iraq (Reuters) – A rocket struck the site of the residential and operations headquarters of several global major oil companies, including U.S. giant ExxonMobil, near Iraq’s southern city... Read more »

Don’t open ‘Pandora’s Box’ in Middle East, China warns

BEIJING (Reuters) – The Chinese government’s top diplomat warned on Tuesday that the world should not open a “Pandora’s Box” in the Middle East, as he denounced U.S. pressure... Read more »

U.S. farm state senators unveil bill to overhaul biofuel waiver program

(Reuters) – Two Midwest senators said on Friday they have introduced a bill to reform the Environmental Protection Agency’s opaque biofuel waiver program, which the corn industry says helps... Read more »

Taiwan’s CPC sees little impact after tanker attacked in Middle East

* Company sees little impact from tanker attack * Cargo estimated to cost about $34 mln -official * CPC expects loss of about $250,000 – official TAIPEI, June 14... Read more »

U.N. chief condemns tanker attacks, says facts must be established

U.N. Secretary-General Antonio Guterres attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 7, 2019. REUTERS/Maxim Shemetov UNITED NATIONS (Reuters) – United Nations Secretary-General Antonio... Read more »

Two oil tankers struck in suspected attacks in Gulf of Oman: shipping firms

DUBAI (Reuters) – Two oil tankers were hit in suspected attacks in the Gulf of Oman, shipping firms and industry sources said on Thursday, sending oil prices as much... Read more »

Britain to become first G7 country with net zero emissions target

LONDON (Reuters) – Britain has announced it will enshrine a new commitment to reach net zero greenhouse gas emissions by 2050 into law, marking a first among G7 nations... Read more »

UPDATE 1-Mexican official says government has one year to save Pemex rating

(Adds credit ratings context) MEXICO CITY, June 11 (Reuters) – The Mexican government has one year to restore the investment grade credit rating of national oil company Pemex, presidential... Read more »

Trafigura profit leaps as oil and gas trading offsets losses at associates

LONDON (Reuters) – Trading house Trafigura’s six-month net profit jumped by 92% after strong performance from its oil and gas desks helped to offset weakness at the metals division... Read more »